Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

Back Rich text Print

You need the Flash plugin.

Download Macromedia Flash Player



  • PIB 9.1 Application

    • PIB 9.1.1

      (1) This chapter applies to an Authorised Firm in Category 1, 2 or 5. (2) Only PIB Rule 9.2.2(3) applies to an Authorised Firm in Category 2.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

      • PIB 9.1.1 Guidance

        In accordance with Rules PIB 3.2.2 or PIB 3.2.4, an Authorised Firm is required to ensure that there is no significant risk that liabilities cannot be met as they fall due. With specific reference to liquidity, an Authorised Firm may meet its obligations in a number of ways, including:

        a. by holding sufficient immediately available cash or unencumbered readily marketable assets; and
        b. by securing an appropriate matching future profile of cashflows.
        Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
        [Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]